ICI to sell rubber chemicals unit

NEW DELHI, FEB. 26. ICI India is looking for buyers to sell off its ailing rubber chemicals business worth about Rs. 90 crores even as the company is eyeing acquisitions in its core areas of speciality chemicals and paints.

The divestment plans are in line with the company's objective to exit all "non-core'' businesses and remain focused on identified segments, ICI Managing Director, Rajiv Jain, told PTI here.